JCT Liability After Practical Completion

Alan Edwards delves into the intricacies of JCT contract liability and practical completion, offering a comprehensive understanding of these critical aspects in property management. He explores the rectification period, latent defects, and limitation periods, shedding light on these often complex terms. The episode further clarifies the definition of practical completion and discusses employer rights, emphasizing the necessity of understanding coverage, exposure, and risk prior to contract signing. Alan also addresses long tail risks, cash flow events, and pricing risk. The conversation concludes with key takeaways on practical completion and liability, followed by closing remarks and contact details for further engagement.